Manager - Risk Finance

PH

Posted:  Nov 27, 2023

Here at Aboitiz, success means winning together to shape a better future for people, planet, and profit. As we embrace innovation, we grow diverse industries and shape the country’s future. We create careers without boundaries for those who inspire their teams to rise with them. When you work at Aboitiz, you are part of a family committed to advancing business and communities.

Job Mission/Purpose

Plans, designs, and implements risk financing solutions that address the perceived risk exposures of the organization.

 

Contacts/Network Requirement

External: Auditors
External: Business Partners
External: Consultants
External: Vendors / Suppliers / Providers
Internal: AEV Team Leaders
Internal: AEV Team Members
Internal: Aboitiz Group SBU/s

Responsibilities

RISK ENGINEERING

Coordinates with the BUs on the pre and post-work requirements of risk surveys; ensures that risk engineering surveys across BUs are properly done; reviews the survey reports, and recommendations; monitor survey recommendations and assists BUs in increasing competitive edge for insurance coverage; provides risk engineering updates to the Insurance Management Committee, BU ManCom, BU COOs, and Team Experts; provides assistance to BUs in terms of industry’s best practices to be applied in their respective operations to further improve BUs Risk Profile

INSURANCE MANAGEMENT

Designs and strategizes insurance programs based on identified risks for various existing properties, mergers & acquisitions, as well as green & brown field projects; coordinates with SBUs,  BUs, CSUs, brokers and/or insurers, to facilitate processing of insurance policies and claims and ensure collection of insurance claims; coordinates the payment of premiums of the BUs within the agreed credit term; manages and consolidates the organization’s claims data into one central repository; ensures that all reported claims are filed.

REPORT GENERATION AND POLICY MANAGEMENT

Prepares and generates management reports as needed by the AVP - Risk Management, IMC, RMC, SBUs, BUs, CSUs; manages the entire portfolio of policies across  the Aboitiz Group; facilitates the communication of the risk registers among all levels of the organization in accordance with AEV Enterprise Risk Management framework and principles; identifies, assesses, and treats different risks in BUs and ensures that proper risk financing strategies are instituted to manage the identified risks.

PROJECT RISK MANAGEMENT

Guides in the development and implementation  of project risk management for projects in compliance to the commitments of the SBU/BUs and corporate initiatives; ensures attainment of objectives within the given resources and timeframe; applies project management concepts, principles, and processes and guides SBU/BU Project Teams in the development and review of project risk management plans; reviews and challenges risk assumptions of Project Teams from different perspectives and monitors/ensures execution of risk strategies and action.

Additional Responsibilities

Key Performance Metrics

Design, development and management of insurance programs across the Group at the optimized Total Cost of Insurable Risk level

Ensure compliance to Risk Finance governance, policies, guidelines and procedures

Achievement of team scorecard

Team CSAT Score

Completion of plans, projects and initiatives within the agreed scope and timeline

Collection of insurance claims within the agreed claims settlement period.

Completion of team's IDPs

Actual team cost vs budget

Competencies

I. Universal: Building Partnerships / Networking
I. Universal: Business Acumen
I. Universal: Business Continuity
I. Universal: Communication
I. Universal: Data Science
I. Universal: Design Thinking
I. Universal: Innovation
I. Universal: People Development
I. Universal: Performance Management
I. Universal: Project Management
I. Universal: Quality Focus
I. Universal: Resilience
I. Universal: Risk Management, Information Security and Data Privacy
I. Universal: Safety
I. Universal: Working Remotely
II. Functional (Risk Management): Business Continuity Management
II. Functional (Risk Management): Cybersecurity Risk Management
II. Functional (Risk Management): Data Privacy
II. Functional (Risk Management): Data Science / Data Analytics
II. Functional (Risk Management): Enterprise Risk Management
II. Functional (Risk Management): Project Risk Management
II. Functional (Risk Management): Quality Management
II. Functional (Risk Management): Risk Finance / Insurance Management
II. Functional (Security): Contracts Management

Education

Bachelor's Degree in Business Administration or Civil Engineering

Work Experience

At least 5 years of relevant work experience

License / Certification and Training Requirement

Business Continuity Management System ISO 22301 Training or Equivalent
Basic Occupational Safety & Health (BOSH)
Enterprise Risk Management
Financial Risk Management
Project Risk Management
General / Non-Life Insurance Training
Risk Finance / Insurance Management
Risk Management ISO 31000 Training or Equivalent 

JOB APPLICATION NOTICE:
We urge everyone to be vigilant against scams that involve fraudulent offers of employment with Aboitiz Equity Ventures. Scammers are falsely claiming to be representatives of Aboitiz, offering jobs in exchange for recruitment fees. Aboitiz does not ask for money from our applicants at any point of the job application process.